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1. Tips for managing your tenancy in Nigeria
Are you planning to let out your property? While finding tenant you need to be careful because it is
difficult to keep visiting your property to ensure that your property is maintained by tenants
consistently. There are both bad and good tenants exist in the renting market.
This market has tanked and plenty of people get stuck in the process of finding good tenants for their
property. Although there is no
foolproof screening way to be sure
that tenants will take good care of
your home. However, here we have
some tips which will help to ensure
your tenants are taking good care of
your property.
Tips to find out decent
tenant to rent your
property
Do you want to know some important
factors which can help you in this
process? Here are some things which
youcan considerto get more benefits
in this regard:
Keep written records of
everything
This is one of the most important
factors to focus on. The best way to
avoidanyconflictiskeepthe things recorded inwrittenform. Althoughitwill increase abitof your work
but this will also keep you from any dispute later. Therefore, it can be worth the trouble for you.
Important tip: While keeping the written record make sure to get benefit of technology and capture
pictures or videos of your findings. By this way, no tenant will dispute necessary security deductions.
Ask for a large payment deposit
When it comes to rent out your property then make sure to have at least 2 months’worth of rent
advance as deposit. Also, make itclearthatin case of any damage equivalent amount will be deducted
fromthis deposit. Thiswill ensure that your tenants will take good care of your property. In this way, a
large deposit can be helpful for you.
While renting out your property finding a decent, right and appropriate tenants are highly important.
Because givingapart of yourproperty on lease always needs surety that you are choosing right people

2. for this. However, tomake sure youare goingto finda right person,consultyouropinionwithyourprior
landlord. He is experienced in this matter and is capable of giving you right advice in this regard.
Build a good relation with neighbors
Your neighbors can be all ears and eyes of yours for your tenants. Therefore, building positive
relationshipswiththe neighborsare worthconsidering inthisregard. Because theywill not only keep an
eye on your property but will also let you know in case of any mishappen with ease.
Regular inspection is always important
Although it is difficult to visit your property daily but still regular inspection is important. Therefore,
make sure to keep visiting your property at least once amonth. This will increase trustworthiness and
will help you in longer run with ease.
So, these are some important things which you can do while renting out your property to ensure you
are giving your property in good hands.
For more information visit here : https://propertyexpert.ng